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Floating Offshore Wind

Subsea 7 and Simply Blue Energy to Develop Floating Wind Farm

Luxembourg-based subsea engineering company Subsea 7 has entered a joint venture with Irish marine developer Simply Blue Energy to develop a floating wind farm.

Crude Oil

Saudi Wants OPEC+ to Extend Oil Cuts into June, Source Says

After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts

Electric Car

Xiaomi to Invest $10 billion in New EV Unit Over 10 Years

The firm will initially invest 10 billion yuan in the wholly-owned subsidiary, with a total investment goal of $10 billion over the next ten years

Nuclear Power Plant

Egypt's Petrojet Inks Teaming Deal With Korean Nuclear Companies

Petrojet, KHNP, Kepco E&C, Hyundai E&C and Doosan are expected to form a united team to create synergy by combining their strengths for the El Dabaa NPP

Hydrogen Fuel Cell

New Fuel Cell Power Management System to Support Disaster Teams

A brand-new power management system, powered by hydrogen fuel cells, which could be used by defence, rescue and disaster control teams, is being explored by Ger…

Natural Gas

Buffett Proposes 10 GW In New Gas Plants For Texas

Warren Buffett's investment company Berkshire Hathaway has proposed a plan for boosting Texas' energy security: building 10 GW in new natural gas-fired generati…

Nuclear Power Plant

TVO Cleared for Fuel Loading at Finnish EPR

Finnish utility Teollisuuden Voima Oyj has been granted a permit by the country's Radiation and Nuclear Safety Authority to load fuel into the reactor of the Ol…

Solar Technology

US Aims to Cut Solar Costs 60% by 2030

Department of Energy sets new goal and provides $128m in funding for various initiatives to improve performance

Energy Subsidies

Denmark Unveils Hesselo Subsidy Regime

The Danish government and the parties to the Climate Agreement for Energy and Industry have reached agreement on the subsidy scheme for the up to 1200MW Hesselo…

Energy Security

Syria Rations Fuel Supplies Amid Suez Canal Blockage

Syria's oil ministry has begun rationing the distribution of oil products after fuel shipments to the country were disrupted by the ongoing blockage of the Suez…

Energy Storage Project

Agilitas Energy Developing Solar and Energy Storage Project in US

Agilitas Energy, an energy developer with a robust portfolio in Northeast US, is moving forward with a 10 MW solar and energy storage project in the Town of War…

Portugal

Exide Technologies and EDP Launch Solar Installation in Portugal

Exide Technologies and EDP have gone live with a solar installation at Exide Technologies’ battery production facility in Castanheira do Ribatejo, Portugal.

Octopus Energy Group to Acquire Sister Company Octopus Renewables

UK-based Octopus Energy Group has announced plans to acquire its sister company Octopus Renewables.

Climate Policy

EU Leaders Call for Atomic Energy Freedom

The leaders of seven European Union Member States, led by French President Emmanuel Macron, have written to the European Commission on the role of nuclear power…

Electric Vehicle Charging

ION Installs Gulf Region’s First Ultra-Fast Electric Vehicle Charging Stations In Abu Dhabi

The 350KW High Power ultra-fast electric vehicle charging stations, fastest in the region, will contribute to the growing e-mobility infrastructure in the UAE